DOW JONES One Final Push Up to 39K Bullish
The daily chart is still showing signs of bullish price action
Still above the rising 21ema on the daily chart
Flag Pattern pullback to the rising 21.
Measured move to the top of the up channel
I put a line through 50% the body of that last FAT GREEN BAR as support
I will drill down to lower time frames to see if it will hold as the lower time frames 200sma.
Still above the rising 21ema on the daily chart
Flag Pattern pullback to the rising 21.
Measured move to the top of the up channel
I put a line through 50% the body of that last FAT GREEN BAR as support
I will drill down to lower time frames to see if it will hold as the lower time frames 200sma.
Note
The 1 hour is still bullish as wellNote
Scratch that small little flag pullback, something much larger, like this rectangular range at the top of the channelNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.